Re: Inquiry question

i just got a cli from citi without a hard pull. not sure why they would have hard pulled for yours. even so, it is very unlikely that they pulled more than one for a cli request. i have lost as much as as 15-20+ points for a single hard pull.

Re: Inquiry question

score_building wrote:i just got a cli from citi without a hard pull. not sure why they would have hard pulled for yours. even so, it is very unlikely that they pulled more than one for a cli request. i have lost as much as as 15-20+ points for a single hard pull.

Well I am not 100% on why they would hard pull, my assumption would be that this was my first credit card I ever had which I applied for when I was 18 and since then have had many credit line increases without hard pulls but before going higher wanted to see where I stood now. Everytime I hit the CLI button, it wanted me to fill out the form. Thats just my best guess. At least this inquiry only cost me 3 points, its the only one on my Equifax report now.

Re: Inquiry question

haulingthescoreup wrote:Filling out the form on the Citi site = hard inquiry, and no guarantee that you'll get the CLI.

But I agree, it's very unlikely that they would pull more than one bureau, and Citi often uses EQ.

Three points isn't bad at all for a new inq.

I knew the form was a hard inquiry but was willing to take it since it has been awhile since I had a CLI. The increase was granted so thats always a plus lol.

Do you think for now on if I ask for any CLI I won't have to keep getting that form to fill out? That is the 1st time I had a hard pull for a CLI in the over 4 years I have had the card. Not that I would ask for another now, but in 6 months or year from now, I hope I don't get the form again if I ever wanted another CLI

Re: Inquiry question

Nmbr1ballr wrote:

I knew the form was a hard inquiry but was willing to take it since it has been awhile since I had a CLI. The increase was granted so thats always a plus lol.

Do you think for now on if I ask for any CLI I won't have to keep getting that form to fill out? That is the 1st time I had a hard pull for a CLI in the over 4 years I have had the card. Not that I would ask for another now, but in 6 months or year from now, I hope I don't get the form again if I ever wanted another CLI

if you are approaching (or trying to exceed) your internal risk limit or making requests more frequently than they are willing to entertain with a soft you may get the form again.

in any event, i am glad that it was worth it this time and they granted the cli, congrats!

Re: Inquiry question

if you are approaching (or trying to exceed) your internal risk limit or making requests more frequently than they are willing to entertain with a soft you may get the form again.

in any event, i am glad that it was worth it this time and they granted the cli, congrats!

What is an internal risk limit? How do I know what mine is?

Unfortunately it is a computer generated limit that you are not aware of. As well, they dont want you to even know this actually exist or happens. The CSR at citi told me of it. I was not suppose to know but when i referred to it in a later convo with another CSR, she told me i should not have known this info.

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IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.